People’s goals tend to align as they get older. They prefer to stay in their own homes for as long as possible, maintain their independence, and only seek assistance from family and friends when absolutely required. Aging in place refers to the practice of remaining in one’s own home throughout their retirement. However, successful aging […]
Should You Move When You Retire or “Age in Place?” Read More »
Even though the eligibility age for Medicare benefits is 65, other retiree benefits start much earlier. You can start receiving senior discounts by joining the AARP or AMAC after you turn 50. Minimum age requirements for other reductions can range from 50 to 65 years old, depending on the job or area. Do you have
Senior Discounts in 2025 Read More »
This year, a record number of Baby Boomers will reach the traditional retirement age. By 2030, they will all be at least 65. However, this creates a fiscal problem, as fewer taxable workers means less money for Social Security. If Congress does not act, we will face a severe crisis. Here’s how a demographic shift
2024’s Record Number of Retirees May Spark a Recession Read More »
A prevalent worry among retirees is that they may outlive their retirement funds. As a result, many people are scared to squander their retirement savings. And it’s not surprising, given how poorly prepared many Americans are for retirement. You’ll regularly hear professionals in the financial services industry say exactly that. That many retirees are scared
Many are Scared to Spend Money in Retirement Read More »
Taking out an extra $10,000 from your savings for a new roof may not seem like a big deal at the time. However, costs accumulate, and plans to cover future expenses may be disturbed. Every penny counts in retirement, so you should create a detailed budget that addresses as many potential issues as possible. To
Unexpected Retirement Expenses Read More »
In 2025, members of Generation X will begin turning 60 years old. The generation limits of Gen-X are typically agreed to be 1965 to 1980. Did you know this generation frequently encounter the same few issues when it comes to retirement planning, though? Here are some things to keep in mind if you’re a member
Gen Xers And Retirement Read More »
Workers who change jobs often leave their retirement plan accounts behind and then forget about them. However, a new federal database should make it easier for you to find your lost retirement account from a previous job. As of May 2021, more than 24.3 million 401(k) accounts worth a total of $1.35 trillion had been
Recover Your Lost Retirement Account Read More »
You may feel more stressed and busy around the holidays, especially if you have to fly for Christmas or Thanksgiving. These holiday travel tips may help your vacation go more smoothly, whether you’re flying within the US to see family or friends or going someplace abroad. Today, we’ll talk about some less well-known holiday travel
Holiday Travel Advice Read More »
Traveling in retirement years may be your ticket to a new level of independence. You’ll have the opportunity to explore new places and have new experiences every day. If, of course, you’re the kind of person who loves to travel. Traveling in retirement gives you the chance to discover new destinations; planning a trip specifically
How Much Will you Travel In Retirement? Read More »
The IRS has been urging taxpayers to perform a tax checkup recently. This is to hopefully help you prevent getting unexpected tax bills in the next year. The agency underlined that many taxpayers would find themselves in a situation where they owed taxes if they did not change their withholding or make anticipated payments. Using
IRS Encourages “End of Summer Tax Checkup” Read More »
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